Paystand: Payments and AR Automation for Businesses

1 ROI FOR PAYSTAND CUSTOMERS

62% Decrease DSO
51%
Cost Savings
$90k
Labor Savings
70%
A/R Tasks Automated

Paystand is the leading digital payment platform for
midsize and enterprise companies, with over 250,000
businesses transacting on its payment network.
Paystand makes it easy for businesses to collect
payments and automate the entire Accounts
Receivable process, from invoice to reconciliation.

Many customers use Paystand to streamline collections and
improve DSO with features like recurring billing, least-cost routing, and auto reconciliation. Instead of charging customers expensive per transaction fees based on volume,
Paystand offers flat monthly pricing and zero-fee bank
payments.

“Having a tried-and-true,
streamlined process for pay-
ments is absolutely vital to
the growth of our company.
Paystand’s technology and
team play a large part in how
we got where we are today.”

¹ Based on average customer processing $50MM in volume over 3 years:
40% credit card, 30% ACH, 30% paper check

Greg Radcliffe

National Director of Operations
Jail Advertising Network

Manage, Reduce, and Eliminate Payment Processing Fees

• Accept Credit Cards, Debit Cards, and ACH,
including 0% fee bank to bank payments

• Get wholesale credit card and ACH rates

• Enable Least-Cost-Routing to steer customers to the payment option that results in the
lowest cost to the merchant

• Use Convenience Fees to offset transaction
costs and generate new revenue

Improve Security and Compliance with Built-in Assurety

• PCI DSS Level-1 certified payment processor

• Enable two-factor authentication and
role-level access

• Securely store customer payment data with
Fund-on-File tokenization

Improve Security and Compliance with Built-in Assurety

• Toggle payment rails based on your
business model

• Brand the checkout, interface, and payment
portal

• Multi-currency billing and presentment
support

Streamline the Collections Process to Improve DSO

• Schedule payments, enable Autopay, and set
up Recurring Billing

• Add payment links to invoices, billing reminders, and more

• Give customers self-service option to select
and pay multiple open invoices at a time

• Set alerts that trigger and execute actions on
your behalf

• View collected and pending receivables in
your dashboard

• Group receivables into categories based on
status and type

Instantly Reconcile Payments and Update Records

• Reconcile payments in real-time using
‘Automatic Reconciliation’

• Automatically apply collected payments to
open invoices with ‘Instant Cash Application’

• Receive automatic transfer reports and
ledger updates with details of a deposit,
its transactions, and any invoices and sales
orders a deposit affects